• 3 minutes Will Variants and Ill-Health Continue to Plague Economic Outlooks?
  • 6 minutes Forecasts for Natural Gas
  • 14 minutes NordStream2
  • 34 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days China's aggression is changing the nature of sovereignty.
  • 2 hours Communist China Declared War on the US Long Ago Part 1 of the 2-part series: The CCP's War on America
  • 2 days Ukrainian Maidan after 8 years
  • 3 days OPEC+ Expects Large Oil Glut In Early 2022
  • 2 days Delta variant in European Union
  • 3 days Hunter Biden Helped China Gain Control of Cobalt Mines in Africa
  • 2 hours President Biden’s Nuclear Option Against OPEC+ - Waste of Time
  • 3 days Microbes can provide sustainable hydrocarbons for the petrochemical industry
  • 4 days Building A $2 Billion Subsea Solar Power Cable From Chile To China
  • 1 day Сryptocurrency predictions
  • 3 days CO2 Electrolysis to CO (Carbon Monoxide) and then to Graphite
  • 4 days Big Bounce: Russian gas amid market tightness - new report by Oxford Institute for Energy Studies

Energy

California Is Addicted To Oil From The Amazon

Dec 06, 2021 at 13:16 | Irina Slav

California is by far the most ambitious U.S. state when it comes to things like emission standards, EV sales, and renewable energy. California is shutting down its nuclear…

Adapt Or Die: Nigeria’s Oil Industry Faces A Huge Challenge

Dec 06, 2021 at 12:17 | Gerald Jansen

Nigeria has had to face countless challenges in the past months, ranging from purely oil-related supply disruptions and oil spills to just casual violence making it really hard…

Exxon Employees Won't See Big Pay Raise Despite Jump In Profits

Dec 06, 2021 at 11:32 | ZeroHedge

Despite the company's good year so far, Exxon's coming pay raises for employees will come in below inflation, new reports suggest.  Salaries are going to rise about 3.6% for employees…

Mild Weather Drives Gas Prices Down In Europe

Dec 06, 2021 at 11:03 | Tsvetana Paraskova

The benchmark natural gas prices in Europe continued to fall on Monday, for a third trading day in a row, as forecasts of milder weather this week and sufficient LNG…

Saudi Arabia Hikes Oil Prices Despite Omicron Fears

Dec 06, 2021 at 09:58 | Irina Slav

Amid heightened worry about the course of the pandemic after the emergence of the Omicron variant, Saudi Arabia injected a dose of confidence in markets by raising its official selling…

Oil Prices Rise After Six-Week Losing Streak

Dec 06, 2021 at 09:03 | Irina Slav

Crude oil has recorded six consecutive weeks of losses amid news of lockdown plans in Europe, the SPR reserve release announcement by the White House, and most recently, the emergence…

Sponsored Article

The Lithium Tech That May Send The EV Boom Into Overdrive

Dec 05, 2021 at 20:13 | Charles Kennedy

The electric revolution is the biggest change the auto industry has seen since Ford invented the assembly line in 1913.…

The Oil Price Crash Has Taught U.S. Shale A Valuable Lesson

Dec 03, 2021 at 16:22 | Tsvetana Paraskova

The massive oil price correction in November 2021, which turned out to be the worst month for crude since March 2020, came just as U.S. oil producers were…

Natural Gas Bulls Hit Hard By Warm Weather Reports

Dec 03, 2021 at 16:21 | ZeroHedge

U.S. natural gas futures were down for the fourth session on Thursday, quickly tumbling into a bear market as bullish bets evaporate on mild weather. Sentiment in U.S.…

Can Biomass Burning Really Replace Fossil Fuels?

Dec 03, 2021 at 16:15 | Felicity Bradstock

As state governments and oil majors begin shifting their energy strategies to align with net-zero carbon emissions pledges and the earlier adoption of largescale renewable energy projects, not…

China Merges Mining Assets To Create Rare Earth Mining Giant

Dec 03, 2021 at 16:13 | ZeroHedge

Now that aggressive foreign policy toward China has attracted bipartisan consensus, evidenced by the fact that President Biden has opted to keep certain tariffs imposed by the Trump Administration in…

Florida Startup Offers Solution To Decades-Old Pipeline Puzzle

Dec 03, 2021 at 16:09 | Eurasianet

A new Florida-based startup hopes it has devised a solution to the decades-old puzzle of how to transport natural gas from Turkmenistan's enormous reserves across the Caspian to…

Russia’s Push To Mine Arctic Metals Is Fueled By Nuclear Power

Dec 03, 2021 at 16:09 | Irina Slav

When news first broke a few years ago that Russia's state nuclear energy company was working on a floating nuclear power plant, some took it as a joke.…

OPEC+ Confidence And Caveats Calm A Crazed Oil Market

Dec 03, 2021 at 12:28 | Michael Kern

OPEC+ managed to stabilize oil prices after what had been an incredibly volatile week, with the cartel adding plenty of caveats to its decision to stick to its plan vis-a-vis…

U.S. Rig Count Unchanged After Crazy Week In Oil Markets

Dec 03, 2021 at 12:09 | Julianne Geiger

There has been no net change to the number of active drilling rigs in the United States this week, according to Baker Hughes. The total rig count remains at 569—a…

Goldman Remains Bullish On Oil Despite OPEC+ Decision

Dec 03, 2021 at 11:05 | Irina Slav

Goldman Sachs commodity analysts remain bullish on oil prices despite yesterday’s decision by OPEC+ to add another 400,000 bpd to combined production next month. The bank’s analysts said…

Russia Hasn’t Raised Gas Supply To Europe Despite Putin’s Promise

Dec 03, 2021 at 09:59 | Charles Kennedy

Russia has not materially increased natural gas supply via its pipelines to Europe, despite assurances from Russian President Vladimir Putin that Gazprom would start sending more gas after it completes…

Oil Jumps As OPEC+ Leaves The Door Open To Revisiting Supply Increase

Dec 03, 2021 at 09:03 | Tsvetana Paraskova

Oil prices rose by 3% early on Friday, extending gains from late Thursday, after the OPEC+ alliance said it could immediately revisit the planned 400,000 bpd increase for January if…

Big Oil Is Fighting For Clean Fossil Fuels

Dec 02, 2021 at 16:03 | Felicity Bradstock

Several international oil supermajors are planning to boost production while also promising to decrease their greenhouse gas emissions over the next decade and beyond. This seemingly counterintuitive strategy…

U.S. Coal Is Making A Transitory Comeback

Dec 02, 2021 at 15:30 | Tsvetana Paraskova

While the U.S. Administration is pushing its green energy agenda and wants to decarbonize the power grid by 2035, coal is making a comeback this year as high natural gas…

Oilprice - The No. 1 Source for Oil & Energy News